Laxmi India Finance Limited has announced the resignation of a senior management personnel, marking a key change in its organizational structure. The company has informed stock exchanges about this development in compliance with regulatory requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Departure

Mr. Kshitij Agarwal, Assistant Vice President - Human Resource (Senior Management Personnel), has tendered his resignation from the services of the company due to personal reasons. The resignation becomes effective from the close of business hours on May 02, 2026. The resignation letter, dated January 31, 2026, expresses gratitude to the management and Board of Directors for the opportunity and support received during the employment period.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations. The notification was dispatched to both major stock exchanges where the company's securities are listed, in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, along with copies of the resignation letter as supporting documentation.

Stock Exchange Communications

Notifications were dispatched to:

• BSE Limited: Scrip Codes 544465, 975797, 977574
• National Stock Exchange of India Limited: Symbol LAXMIINDIA

Corporate Governance

The company has made the disclosure available on its official website at www.lifc.co.in , ensuring transparency for stakeholders. The notification was signed by Sourabh Mishra, Company Secretary and Chief Compliance Officer (M.No-A51872), maintaining proper corporate governance protocols in handling senior management changes.

Laxmi India Finance Limited has issued a formal clarification to stock exchanges regarding recent significant movements in its share price. The company responded to specific queries from both BSE Limited and National Stock Exchange of India Limited dated April 13, 2026, addressing concerns about price volatility in its securities.

Exchange Communications and Response Timeline

The clarification was prompted by communications from both major stock exchanges on April 13, 2026. BSE Limited sent an email with reference number L/SURV/ONL/PV/APJ/2026-2027/3718, while NSE issued a letter bearing reference number NSE/CM/Surveillance/16823. The company's response, dated April 14, 2026, was signed by Company Secretary and Chief Compliance Officer Sourabh Mishra.

Regulatory Compliance and Disclosure Standards

Laxmi India Finance Limited emphasized its commitment to regulatory compliance in its response. The company stated that all material information potentially affecting its operations and performance has been regularly disclosed to stock exchanges in a timely and accurate manner. This disclosure practice aligns with the requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company specifically referenced compliance with Regulation 4 of the SEBI regulations, which outlines principles governing disclosures and obligations. All material facts and information that could impact the security prices have been properly disclosed and disseminated through the official websites of both BSE Limited and National Stock Exchange Limited.

Management's Position on Price Movements

The company's management provided a clear stance on the recent price movements, attributing them entirely to market conditions. According to the clarification, the price movements are purely market-driven phenomena over which the management has no control. This position underscores the company's view that external market forces, rather than undisclosed material information, are responsible for the observed price volatility.

Ongoing Commitment to Transparency

Laxmi India Finance Limited reiterated its commitment to maintaining transparency with stakeholders and regulatory bodies. The company assured that it will continue to promptly disclose any material or price-sensitive information to stock exchanges in full compliance with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The formal response was submitted under the company's reference number LIFL/SLC/2026-27/03, demonstrating the systematic approach to regulatory communications maintained by the organization.